Supreme Court · 1964 INSC 117 · Decided 10 April 1964
Commissioner of Income-Tax, Kerala v. Malayalam Plantation LTD.
- Court
- Supreme Court of India
- Citation
- 1964 INSC 117 · [1964] 7 S.C.R. 693
- Case number
- CIVIL APPEAL No. 384/1963
- Decided
- 10 April 1964
- Bench
- K. SUBBA RAO, J.C. SHAH, S.M. SIKRI (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act
Headnote
Income Tax-Assessee treated as agent-Estate duty of non-resident paid bu assessee-If an allowable deduction-Ex­ pression "for the purpose of the bushess"-Meaning of­ Indian Income-tax Act, 1922 (11 of 1922), s. 10(2)(xv}-Estate Duty Act, 1953 (34 of 1953),, s. 34. · For India paid estate duty payable on the death of its certain share holders not domiciled in India and debited the said amounts to r€irenue in its accounts in ascertaining the profits and gains of its business for the said years. The Income-tax Officer included the said amounts so paid towards
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